Top 5 private capital moves in the Middle East this week

Welcome to the weekly update from Dealmaker Middle East – a new publication focused on private capital investments, exits, and fundraising announcements across the region. Here’s a roundup of five noteworthy recent transactions. (For full access to all our articles, become a Member now; we offer a 7-day free trial)

1. Gulf Islamic investments raises $100m for private equity investments

Gulf Islamic Investments has received an additional $100 million in growth capital from existing shareholders and new investors, strengthening the group’s balance sheet to pursue private equity opportunities across Saudi Arabia and the GCC. Read more

2. Rua Growth Fund I receives $5m to back Jordanian companies

Amman-based early-stage fund ISSF has announced a $5 million investment in the Rua Growth Fund I, to be invested in Jordanian companies. Based in Riyadh, Rua is a VC firm dedicated to investing in founders driving technological innovation in Saudi Arabia and the broader MENA region. Read more

3. Oman's Rakiza closes $300m subscription facility for infrastructure fund

Rakiza, a fund co-managed by Oman Infrastructure Investment Management and Equitix, has closed a $300 million subscription facility for Rakiza Fund I, a $1 billion fund focused on investing in infrastructure assets in Oman and Saudi Arabia. Japan's Mitsubishi UFJ Financial Group (MUFG) acted as structuring co-arranger, facility agent, security agent, issuing bank and lender. Read more

4. Mubadala Capital forms investment partnership with Singapore firm

Seviora Holdings, a Singapore-based asset management group wholly owned by Temasek, and Mubadala Capital, the alternative asset management subsidiary of Abu Dhabi’s Mubadala Investment Company, have signed a strategic partnership. Read more

5. PIF to anchor Brookfield’s new Middle East private equity platform

Saudi Arabia’s Public Investment Fund (PIF) and Brookfield Asset Management have signed a non-binding memorandum of understanding. The agreement positions PIF as the strategic anchor investor in Brookfield Middle East Partners (BMEP), Brookfield’s new private equity platform for investments in Saudi Arabia and the broader region. Read more

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